CHARTWELL TECHNOLOGY INC.
TSX : CWH

CHARTWELL TECHNOLOGY INC.

July 05, 2011 08:00 ET

Chartwell Launches Four New Slots

CALGARY, ALBERTA--(Marketwire - July 5, 2011) - Chartwell Technology Inc. ("Chartwell" or the "Company") (TSX:CWH), a leading provider of games, gaming systems and platform for the regulated online casino gaming industry, announces the release of four exciting slot games in the month of June.

Chartwell's highly-anticipated, signature 20-line slot, Vampires vs Werewolves™ anchored the game release. This high-payback, Chartwell-built game features blood-tingling feature play. Players will be taken with the atmospheric sound effects and graphics, eerie theme and the industry-first clash scatter reward. When triggered, this unique feature awards credits on any and all standard game symbols which are marked with a cross. The fun doesn't stop there. The innovative team at Chartwell introduced a ground-breaking board-game style bonus round where players can alter their own fate by choosing between the Vampire and the Werewolf.

The enormously popular vampire theme has also been brought to life with its own microsite on Chartwell's website: http://www.chartwellgames.com/promo/index.html where visitors can discover their preference for vampires or for werewolves while learning more about this incredible slot game. It will also be heavily promoted on Chartwell's new social media sites.

Crocodopolis™ is a 25-line slot that features the patented "Slide a Wild" feature where players can control their own game volatility and customize the game to their style of play. The colourful characters and Egyptian theme add to the game's excitement.

The blockbuster 25-line 300 Shields™ offers the "Battle Feature" free spins round with the chance to win a colossal 300x multiplier. This Spartan-themed slot game is action-packed with stunning animation and an epic soundtrack. Early indications show that this game is already a player favourite.

The 50-line slot, Shogun Showdown™, has a popular Japanese warrior theme. This game is performing well right out of the gates; possibly attributable to the rich graphics and the fast and simple game play with two rewarding free spin bonuses.

"Chartwell continues to release exciting, high performing casino games. To-date in 2011, Chartwell has released 14 games, its Live Dealer product and our Rapid Game Deployment technology," states Dave Acorn, Chief Operating Officer. "Due to the sheer volume of games we're releasing, we're now deploying games on a set schedule of twice a month. We're confident our clients will benefit from our continued focus on providing innovative game play and best-of-breed content."

To learn more about Chartwell, visit its website at www.chartwellgames.com where you can also click to follow the company on YouTube, Facebook, LinkedIn, and Twitter for the latest news.

About Chartwell

Chartwell specializes in the development of leading-edge games, gaming systems, and platform for the regulated online casino gaming industry. Chartwell is certified or licensed to offer a range of services in all of the leading regulated online gaming markets. Chartwell is not a gaming operator; our clients own their brands and databases entirely and exclusively. Chartwell's team of highly trained professionals is committed to delivering the highest quality software and maintaining its market edge through continuous development and unparalleled customer support.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained herein may constitute forward-looking statements. These statements relate to future events or our future performance. All statements other than statements of historical fact may be forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. We believe that the expectations reflected in the forward-looking statements are reasonable based upon management's current views but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. These statements speak only as of the date hereof. No assurance can be given that actual results, performance or achievement expressed in, or implied by these forward-looking statements will occur, or if they do, that any benefits may be derived from them.

Our actual results could differ materially from those anticipated in these forward-looking statements as a result of factors that may include, but are not limited to: actual implementation or delays in the implementation of our products by our customers, delays in development, the impact of government regulation, licensing and laws affecting international operations, the impact of price competition, loss of business or credit risks associated with current and prospective major customers, general industry and market conditions and growth rates, currency rate fluctuations, the impact of consolidations in the online gaming industry and other risks detailed from time to time in Chartwell's Annual Information Form and Management's Discussion and Analysis, both of which may be found at www.sedar.com.

The TSX does not accept responsibility for the adequacy or accuracy of this release.

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